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Webtoon Entertainment Inc (NASDAQ: WBTN) closed the day trading at $8.98 down -10.47% from the previous closing price of $10.03. In other words, the price has decreased by -$10.47 from its previous closing price. On the day, 0.77 million shares were traded.
Ratios:
For a better understanding of WBTN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 74.43. For the most recent quarter (mrq), Quick Ratio is recorded 2.49 and its Current Ratio is at 2.67. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, HSBC Securities on September 04, 2024, initiated with a Buy rating and assigned the stock a target price of $23.
On July 22, 2024, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $23.
On July 22, 2024, JP Morgan started tracking the stock assigning a Neutral rating and target price of $23.JP Morgan initiated its Neutral rating on July 22, 2024, with a $23 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 21 ’24 when Kim Namsun bought 7,195 shares for $13.90 per share. The transaction valued at 100,010 led to the insider holds 7,195 shares of the business.
Kim Junkoo bought 22,596 shares of WBTN for $268,440 on Aug 16 ’24. The insider now owns 905,070 shares after completing the transaction at $11.88 per share. On Aug 19 ’24, another insider, Kim Junkoo, who serves as the insider of the company, bought 18,935 shares for $12.74 each. As a result, the insider paid 241,263 and bolstered with 924,005 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 0.78.
Stock Price History:
Over the past 52 weeks, WBTN has reached a high of $25.66, while it has fallen to a 52-week low of $9.95. The 50-Day Moving Average of the stock is -28.00%, while the 200-Day Moving Average is calculated to be -33.98%.
Shares Statistics:
A total of 128.59M shares are outstanding, with a floating share count of 128.31M. Insiders hold about 0.00% of the company’s shares, while institutions hold 18.13% stake in the company.
Earnings Estimates
The current rating of Webtoon Entertainment Inc (WBTN) is the result of assessments by 1 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.06, with high estimates of $0.06 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.3 and $0.29 for the fiscal current year, implying an average EPS of $0.29. EPS for the following year is $0.57, with 5.0 analysts recommending between $0.78 and $0.36.
Revenue Estimates
For the next quarter, 4 analysts are estimating revenue of $334.24M. There is a high estimate of $344.01M for the next quarter, whereas the lowest estimate is $320.67M.
A total of 6 analysts have provided revenue estimates for WBTN’s current fiscal year. The highest revenue estimate was $1.49B, while the lowest revenue estimate was $1.38B, resulting in an average revenue estimate of $1.44B. In the same quarter a year ago, actual revenue was $1.35BBased on 8 analysts’ estimates, the company’s revenue will be $1.74B in the next fiscal year. The high estimate is $2.1B and the low estimate is $1.49B.
